Profit Sharing · DOL Form 5500 · 2022

Shands Teaching Hospital and Clinics, Inc. Profit Sharing Plan

Data updated 2026-08-25

$349M
Total assets Above avg plan size
9,486
Participants Very large workforce
97th
Percentile by assets National rank
$36,759
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Shands Health Care Matched Savings Account 401(a) · Sponsored by Shands Teaching Hospital and Clinics, Inc. · Florida · Healthcare & Social Assistance

$349M in assets, 9,486 participants

Shands Teaching Hospital and Clinics, Inc.'s Shands Health Care Matched Savings Account 401(a) reported $349M in total assets and 9,486 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,553 in Healthcare & Social Assistance (20,060 peers)

Coverage in Florida

Shands Health Care Matched Savings Account 401(a) covers 9,486 participants in Florida, 15x the typical Florida plan (state average ~628 per filing). Assets: $349M.

#19,553
in Healthcare & Social Assistance (20,060 peers)
-5.7%
assets change YoY
3.5×
vs typical plan assets (national mean)

The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shands Health Care Matched Savings Account 401(a)'s outsized position by total assets

Shands Health Care Matched Savings Account 401(a) vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$348,694,251 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Shands Health Care Matched Savings Account 401(a)'s large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shands Health Care Matched Savings Account 401(a) lands in the large band (9,486 participants).

EBSA filing schedule strip

Filing strip 591943502 · Shands Teaching Hospital and Clinics, Inc. PY 2022 · Profit Sharing

Shands Health Care Matched Savings Account 401(a) · $349M · 9,486 · 97th

  • NET $349M
  • NET 9,486
  • NET 97th
  • NET Profit Sharing
  • NET near Plumbers' Retirement Savings Fund, Local 130, U.a.
  • NET ind #19553

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Florida →

Shands Health Care Matched Savings Account 401(a) in the asset neighbourhood

Shands Health Care Matched Savings Account 401(a)Shands Health Care Matched S…$349MPlumbers' Retirement Savings Fund, Local 130, U.a.Plumbers' Retirement Savings…$342MBarnard College 403(b) Plan$339MThe Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated CompaniesThe Employees' Profit-Sharin…$336MThe Savings Plan for Lilly Affiliate Employees in Puerto RicoThe Savings Plan for Lilly A…$336M
End-of-year total assets ($M) among Shands Health Care Matched Savings Account 401(a) and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$370M
Net Assets (End of Year)$349M
Net Income-$21M
Employer EIN591943502
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shands Teaching Hospital and Clinics, Inc.)

Sponsor-wide plan assets over time

All Shands Teaching Hospital and Clinics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 13.363251998309785% vs 2022
2024 filing year
$1.8B$1.9B$2B$2.1B 202220232024 $1.83B $2.07B ▲ +13.1%
Year Plans Participants Total Assets
2022 3 22,571 $1.8B
2023 3 23,391 $2.0B
2024 3 24,527 $2.1B

Nearby Profit Sharing Plans in Florida

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Shands Health Care Matched Savings Account 401(a) vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 012345 Total assets ($B) Participants Shands Health Care Matched Savings Account 401(a), Total assets ($B): 0.348694251 · Participants: 9486Shands Health Care Matched Savings Account 401(a)Retirement Wealth Builder Plan of Pricewaterhousecoopers LLP, Total assets ($B): 4.132962154 · Participants: 44915Retirement Wealth Builder Plan of Pricewaterhousecoopers LLPRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 0.985447533 · Participants: 14201Raymond James Financial, Inc. & Affiliates Profit Sharing PlanOrlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.418369277 · Participants: 23825Orlando Health, Inc. Retirement Savings Plan 401aAmerican Maritime Officers Defined Contribution Plan, Total assets ($B): 0.245151121 · Participants: 4132American Maritime Officers Defined Contribution PlanRetirement Wealth Builder Plan for Business Services Staff of Pricewaterhousecoopers LLP, Total assets ($B): 0.200944488 · Participants: 4949Retirement Wealth Builder Plan for Business Services Staff of Pricewaterhousecoopers LLP
Shands Health Care Matched Savings Account 401(a) vs. nearby Profit Sharing plans in Florida, assets vs. participants
Compare Shands Health Care Matched Savings Account 401(a) side-by-side with 3 peers →

Scale composition for Shands Health Care Matched Savings Account 401(a)

Shands Health Care Matched Savings Account 401(a) reports $349M in end-of-year assets across 9,486 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $36,759 per participant (27% of the national average assets-per-participant) . Net income for plan year 2022 was -$21M.

This plan identity (EIN 591943502, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $349M to $487M (+39.6%) while covered participants moved from 9,486 to 10,470 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,486 $349M This page
2023 9,825 $421M Open filing
2024 · index core 10,470 $487M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Shands Health Care Matched Savings Account 401(a)'s out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is Plumbers' Retirement Savings Fund, Local 130, U.a. in IL ($342M); by covered participants it is International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware in PA (9,443 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9,486 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Shands Health Care Matched Savings Account 401(a) assets move in 2022? ▼
Shands Health Care Matched Savings Account 401(a) pulled back noticeably - down 5.7% during 2022, from $370M to $349M. Reported net income was -$21M.
How have Shands Teaching Hospital and Clinics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shands Teaching Hospital and Clinics, Inc.'s sponsor-wide assets grew 13.4%, from $1.8B to $2.1B.
Where does Shands Health Care Matched Savings Account 401(a) rank by assets among Form 5500 filers? ▼
Shands Health Care Matched Savings Account 401(a) ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Shands Health Care Matched Savings Account 401(a)? ▼
Among Profit Sharing plans in other states, the closest by assets is Plumbers' Retirement Savings Fund, Local 130, U.a. in IL ($342M, 5,854 participants).
Which Profit Sharing plans cover a similar participant headcount to Shands Health Care Matched Savings Account 401(a)? ▼
Among Profit Sharing plans in other states, the closest by covered participants is International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware in PA (9,443 participants, $477M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 591943502.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.